Over the past week, Turkish merchant bar producers have increased their official domestic merchant bar prices by TRY 650-750/mt ($18-20/mt) amid the ongoing currency fluctuations and higher production costs. In the Iskenderun region, one mill is offering its equal angles at TRY 21,050/mt ($615/mt) ex-works today, October 1.
Most merchant bar sellers are offering either for deliveries in late October-November or from stocks, depending on the size. A few re-rollers are also offering their HEA/HEB (550-700 mm, standard) at TRY 28,050/mt ($820/mt), up by TRY 550/mt ($14/mt), for delivery to the Karabuk region.
Most merchant bar re-rollers are monitoring the upward trend of merchant bar prices and assessing how long the rising trend will continue.
Angle Prices:
Region |
Prices (TRY/mt) |
Prices ($/mt) |
Price change (TRY/mt) |
Price change ($/mt) |
Denizli Region (30-100 mm) |
23,000-23,150 |
673-677 |
+650 |
+18 |
Karabuk Region (30-100mm) |
22,000-22,400 |
643-655 |
+650 |
+18 |
Iskenderun Region (30-100 mm) |
21,050 |
615 |
+750 |
+20 |
Izmir Region (30-100 mm) |
22,500-22,650 |
658-662 |
+650 |
+18 |
Flat Bar Prices:
Region |
Prices (TRY/mt) |
Prices ($/mt) |
Price change (TRY/mt) |
Price change ($/mt) |
Denizli Region (30-100 mm) |
23,040-23,190 |
674-678 |
+650 |
+18 |
Karabuk Region (30-100mm) |
22,040-22,440 |
644-656 |
+650 |
+18 |
Iskenderun Region (30-100 mm) |
21,090 |
617 |
+750 |
+21 |
Izmir Region (30-100 mm) |
22,540-22,690 |
659-663 |
+650 |
+18 |
NPI-NPU Prices:
Region |
Prices (TRY/mt) |
Prices ($/mt) |
Price change (TRY/mt) |
Price change ($/mt) |
Denizli Region (30-100 mm) |
23,000-23,150 |
673-677 |
+650 |
+18 |
Karabuk Region (30-100 mm) |
22,000-22,400 |
643-655 |
+650 |
+18 |
Iskenderun Region (30-100 mm) |
21,050 |
615 |
+750 |
+20 |
Izmir Region (30-50 mm) |
22,500-22,650 |
658-662 |
+650 |
+18 |
The above prices exclude 20 percent VAT, are on ex-works basis and for cash payment. Price changes in the tables above are calculated as compared to Tuesday, September 24.
$1 = TRY 34.20